IKEA Group Reports Strong Sustainability Progress During Critical Year for Climate Action | Sustainable Procurement News | Scoop.it
IKEA Group has now allocated over EUR 3 billion for sustainability investments. This includes a financial frame of EUR 1 billion, announced today, to secure a long-term supply of sustainable materials by investing in forestry as well as companies active in recycling, renewable energy development and biomaterial developments. And it includes the EUR 1.5 billion invested in wind and solar energy projects since 2009 and EUR 600 million allocated for further investments in renewable energy.